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      Asos stock performance graph showing over 2% decline despite reduced losses and 14% revenue drop in early 2023

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By: Rosie Harris-Davison

News Reporter Rosie Harris-Davison is a News Reporter in the Professional Services team, covering the Big Four, law, advisory, and beyond. She previously wrote about tech policy, regulation, and litigation for specialist legal publication Lexology. Email Rosie at rosie.harris-davison@cityam.com.

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All 4 Articles
  • Proposed consumer lawsuit regime may expose businesses to mass litigation

    Lawsuit

    The UK government’s proposal for a class-action scheme that allows consumers to collectively sue businesses could wreak havoc if greenlit, as businesses could face ‘increased litigation risk’. The Law Commission, sponsored by the Ministry of Justice (MoJ), proposed project, expected to commence in Autumn 2026, will identify the benefits and risks of introducing a more [...]

    Whitfield will replace outgoing chair Andy Higginson.
  • End of the runway for Gatwick as top court kicks out insurance lifeline 

    Legal

    Gatwick’s appeal against insurance giant Liberty Mutual has been struck down over whether insurers can deduct government furlough payments from business claims.  The Supreme Court ruled that insurers do not have to pay an estimated £1bn to the hospitality and leisure companies involved in the case that suffered financial losses during the pandemic because the [...]

    Gatwick Airport terminal bustling with travelers and staff under bright signage and flight information displays
  • Mike Ashley appeal case confronts ‘unjust’ trademark claims

    Legal

    Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • As private equity booms, law firm partner moves hit record high 

    April 21, 2026

    Partner moves in London’s private equity market are hitting a new high, according to a report that revealed last year’s numbers doubled those of 2024, marking a record for the City’s legal sector.  New data from legal search boutique Macrae shows there were 50 movements of partners with practices in the private equity sector in [...]

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  • End of the runway for Gatwick as top court kicks out insurance lifeline 

  • Associated British Foods shares slide as £10bn Primark spin-off confirmed

  • Barclays sweetens mortgage deals as interest rate decision takes focus

  • London house prices sink again as wealthiest areas hit

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